Re:Apple now holding more cash than USA
by drcube on Friday July 29, 2011 @05:23PM
(#2823855)
Apple and Google are foreign corporations?
Also, I know people who live and work in foreign countries and haven't stepped foot in the US for decades who still pay tens if not hundreds of thousands of dollars to the US each year in taxes. So yeah, it's unfair that large, American corporations are somehow exempt.
I'm as tax-phobic as any red-blooded yank, but if we are going to demand ever increasing government services and entitlements (including corporate welfare), we better be willing to pay for it.
Re:Apple now holding more cash than USA
by thematt on Friday July 29, 2011 @06:34PM
(#2824110)
Apple and Google are not foreign corporations, but they own foreign subsidiaries which are responsible for doing business in their respective countries.
Also, I know people who live and work in foreign countries and haven't stepped foot in the US for decades who still pay tens if not hundreds of thousands of dollars to the US each year in taxes. So yeah, it's unfair that large, American corporations are somehow exempt.
I'm as tax-phobic as any red-blooded yank, but if we are going to demand ever increasing government services and entitlements (including corporate welfare), we better be willing to pay for it.